IT in Banking

Bitcoin ATMs to by-pass crypto-currency exchanges

SA is set to get more crypto-currency ATMs following a deal that will see Virtual Crypto's products flood the region.

Thursday

Absa joins Sovrin Foundation in blockchain, security push

Using Sovrin's decentralised distributed ledger technology will help Absa solve client identity challenges and decrease financial transaction costs.

Tuesday

Nedbank brings Plug and Play Fintech to SA

Nedbank's Disruption Agenda event is seen as an integral first step for opening a Plug and Play Innovation Hub in SA in 2019.

Artificial intelligence internship programme goes awry

The e-government department probes claims of fraud linked to its partnership training programme, but one of the companies fingered says there is no basis for the investigation.

Tuesday

Sabric allays fears about tap-and-go risks

A video trending on social media created the incorrect impression that tap-and-go cards are easy to exploit by criminals, says Sabric.

14 Aug

CWG brings Entersekt product line to Nigerian market

CWG's roll-out of Entersekt technology in Nigeria begins with Transakt, an app-based mobile identity and authentication product.

Wirecard plans African expansion

Online payments are taking off in Africa, creating significant opportunities for business growth, says Wirecard.

13 Aug

Fiorano, ITSS partner to bring digital transformation to banks

The two companies plan to meet the evolving digital needs of the banking industry with an emphasis on addressing modern technology challenges.

Millennials turn to digital channels to buy life insurance

First National Bank sees a significant increase in the number of 31- to 33-year-olds taking out life policies via digital channels.

Mobile banking Trojan modifications reach all-time high

Mobile banking Trojans increased three-fold between Q1 and Q2 2018, says Kaspersky Lab.

Standard Bank introduces virtual card, Samsung Pay

The bank adds a virtual card and Samsung Pay, which enables tap-to-pay, to its digital payments ecosystem.